8 Best New Coinbase Listings to Invest in February 2024

3. Meme Kombat (MK): Stake-to-Bet GameFi Project With Blockchain-Powered Meme Battles 

Meme Kombat is aiming to join other play-to-earn gaming projects on Coinbase, including Decentraland, the Sandbox, and Axie Infinity. The project – which has already raised more than $7.6 million from early investors, has developed a blockchain-powered battle game. Results are determined on-chain via smart contracts.

AI is also used to ensure unique gaming experiences. Now, players don’t actually partake in battles themselves. Instead, battles are competed by meme characters like FLOKI and Pepe. The fun part is that players can wager bets on the winning meme. It’s like virtual esports but for the blockchain ecosystem.

There will be many different betting markets to choose from – both pre-match and while battles are still in-play. Odds will determine the potential payout. Winning bets are settled instantly in MK tokens. If you don’t personally have an interest in battle-style games, MK tokens are also a solid investment currency.

For a start, gamers are required to stake and lock their MK tokens in order to access the betting dashboard. This means fewer tokens on the market for speculative trading. Meme Kombat is also offering a presale discount to early investors. $MK is priced at $0.279 per token.

4. Wall Street Memes (WSM): Viral Meme Creator With Over 1 Million Community Members and a Newly Launched Casino   

Wall Street Memes is a popular cryptocurrency project that shares viral memes on social media. It has a community of over 1 million members. Its memes have been commented on by Elon Musk, which brought millions of new eyeballs to the project. Wall Street Memes completed its presale campaign in September 2023.

Raising over $19 million, it’s one of the most successful presales of the year. Wall Street Memes is now trading on multiple crypto exchanges, including OKX and Gate.io. It is now aiming to list on Coinbase, although this is currently just speculation. Although Wall Street Memes was created as a meme coin, it recently launched the WSM Casino.

This is a regulated gambling platform that offers thousands of table games, slots, live dealers, and much more. This creates a use case for its native token, WSM. In fact, players are encouraged to deposit WSM, as they’ll receive 50 free slot spins. In terms of its price action, WSM tokens were originally sold for just $0.025 during the presale.

According to CoinMarketCap, WSM was listed on exchanges at $0.04179; a solid upside of 67% for presale investors. Within a couple of days, the WSM price hit $0.07971. As per a broader market correction, you can now buy WSM tokens for just $0.0219. This translates to an all-time high discount of 72%.

5. Scotty the AI (SCOTTY) – AI Cryptocurrency Helps Secure the Crypto Space

The next cryptocurrency on our list is $SCOTTY – the native token of Scotty the AI. This new cryptocurrency combines artificial intelligence and blockchain technology to safeguard the crypto space. 

Scotty the AI boasts advanced AI capabilities that allow it to analyze complex blockchain data and identify threats on the blockchain. It can also spot network anomalies and suspicious transactions to secure the integrity of the crypto space. 

According to the Scotty the AI whitepaper, the platform will soon incorporate token-swapping tools and an AI chatbot. Therefore, investors can easily swap $SCOTTY tokens with other DeFi cryptos. Through ‘Scotty Chat’ – platform members can also interact with an AI chatbot and learn more about cryptos and the blockchain. 

The $SCOTTY token is currently on presale – priced at just $0.0051. Investors can stake $SCOTTY and earn APYs (Annual Percentage Yields) as high as 1,126%. From a total supply of over 1.734 billion – 30% has been allocated for the presale. 

Post the presale, the token is set to be listed on Uniswap and BitMart. In the future, Scotty the AI will look to secure listings on tier-one exchanges such as Coinbase. Since the start of the presale, Scotty the AI has raised over $180K. 

Join the Scotty the AI Telegram channel to learn more about this cryptocurrency. 

6. Pepe (PEPE): Trending Meme Coin Project With 1,800% Gains in 2023 and Currently Trading at a 75% Discount 

Pepe is one of the best-performing cryptocurrencies this year, with gains of over 1,800%. This is a classic meme coin project without any use cases. It relies on hype, speculation, and FOMO – like most meme coins. Its project mascot is Pepe the Frog, a popular internet meme based on the Boy’s Club comic series.

Nonetheless, Pepe was only launched in April 2023, so it’s still a brand-new project. Within a few weeks of being listed on exchanges, Pepe had increased by over 7,000%. This shows how irrational the cryptocurrency markets can be. That said, Pepe is now trading at a 75% discount from its prior all-time high.

At just $0.000001095 per PEPE, it’s also one of the cheapest cryptocurrencies to buy. Pepe has already secured many tier-one exchange listings, including Binance, KuCoin, Kraken, and even Gemini. Therefore, it’s only a matter of time before Pepe becomes one of the new Coinbase listings.

7. ORDI (ORDI): Innovative BRC-20 Project Allowing Developers to Build NFTs on the Original Bitcoin Blockchain 

ORDI also makes this list of potential new Coinbase listings. This innovative project has attracted a lot of attention since launching in mid-2023. Put simply, ORDI allows developers to build NFTs on the original Bitcoin blockchain. This wasn’t previously possible, but ORDI has found a way around Bitcoin’s immutable characteristics.

In a nutshell, developers can add images, audio, video, or text files to Bitcoin transactions. This means they remain on the Bitcoin blockchain for eternity, like all other token movements. Crucially, the costs are minimal, as ORDI transactions are inserted into ‘Satoshis’, which represent a micro fraction of a Bitcoin. In terms of its price action, ORDI is up 284% in the prior month.

This gives the project a market capitalization of $420 million. ORDI is trading 31% below its all-time high, offering a solid entry point for new investors. ORDI is listed on Binance, KuCoin, OKX, Gate.io, Bybit, and many other tier-one exchanges. As such, ORDI could be the next new cryptocurrency released on Coinbase in 2023.

8. Arbitrum (ARB): One of the Most Efficient Layer 2 Solutions for the Ethereum Blockchain

Last on this list of potential new Coinbase listings is Arbitrum. This project has solid fundamentals; it enables Ethereum-based projects to increase their transactional efficiency. Not only in terms of low fees and faster transactions but increased scalability. More than 251 ERC-20 projects have bridged to Arbitrum, which is more than Polygon and other layer 2 ecosystems.

In order to use Arbitrum, projects require its native token, ARB. This is required to pay transaction fees; similar to Ethereum and ETF. Although Arbitrum was founded in 2018, the project didn’t release ARB tokens until early 2023. Since then, the tokens have plummeted by over 90%.

However, for many investors, this offers a huge discount in preparation for the next bull market. Currently, ARB has a market capitalization of just under $1.3 billion. In contrast, Polygon is valued at almost $7 billion. Ultimately, ARB could be one of the new Coinbase listings this year, considering it already trades on Binance, Kraken, KuCoin, OKX, and Bitfinex.

Reasons to Invest in New Coinbase Listings

Investing in potential next Coinbase listings can be a smart move, considering that newly added cryptocurrencies often increase in value.

Let’s take a closer look at some of the key benefits that this niche market provides.

Coinbase has a Huge Pool of Active Traders

According to an SEC filing, Coinbase has over 108 million traders. This makes it one of the most popular crypto exchanges globally. As such, newly listed cryptocurrencies on Coinbase have access to a huge pool of traders. Not only in the US but in more than 100 countries around the world. This ensures that trading volumes remain constant 24 hours per day, 7 days per week.

• In terms of trading volumes, Coinbase is currently the second-largest exchange, as per CoinMarketCap data.
• In the prior 24 hours, Coinbase facilitated almost $1.8 billion worth of trading volume.
• That said, this is a small fraction of the $9.8 billion that Binance processed.
• On the other hand, it’s more than double the $867 million that was traded on Kraken over the same period.

This means that newly listed cryptocurrencies have access to a huge amount of liquidity. This is important, as it ensures buyers and sellers can trade in smooth market conditions.

Coinbase is Also a Crypto Broker

While Coinbase is considered a crypto exchange, it also offers brokerage services. This is important, as it makes it much easier for investors to buy newly listed cryptocurrencies. This is because the tokens can be purchased directly from Coinbase, rather than from other market participants.

In fact, Coinbase offers an ‘Instant Buy’ service that supports debit/credit cards and e-wallets. These payment types are particularly popular with beginners. This means that new Coinbase listings can attract every type of investor possible; from novices to experienced pros.

A Coinbase New Coin Listing Will Usually Increase Value

When Coinbase announces a new listing, the cryptocurrency will usually surge in value. This is the so-called ‘Coinbase Effect’. After all, Coinbase is one of the largest cryptocurrency exchanges globally. It has a strong regulatory framework and is now listed on the NASDAQ. Therefore, a Coinbase listing is a stamp of approval from the broader markets.

For example, Coinbase announced that it would list VeChain on June 22nd. The prior day, VeChain was priced at $0.014. By July 3rd, VeChain was at $0.020. And right now, VeChain is trading at 0.021. This means that since the day before the Coinbase announcement, VeChain has increased by 18%.

In a more recent example, Coinbase announced on November 2nd that it would list Celestia. The prior day, Celestia was trading at $2.1358. By November 19th, Celestia hit highs of $7.38. This represents growth of 245%.

Coinbase is Compliant With Regulators

After the FTX collapse – and now Binance’s recent $4 billion fine for money laundering failures, cryptocurrency regulation will only become more stringent. This is inevitable, meaning that unregulated crypto exchanges will need to become compliant.

Coinbase, however, created a strong regulatory framework from the get-go. It’s licensed in the majority of US states and as stated, is a publicly traded company on the NASDAQ. This means Coinbase is well-positioned for the next bull run.

Crucially, beginners will think twice about using unregulated exchanges that are headquartered offshore. Although Coinbase charges higher fees, many investors are happy to pay if it means increased regulation and security. Ultimately, as Coinbase increases its user base and trading volumes, this will benefit new cryptocurrencies even more.

How do New Crypto Projects Get Listed on Coinbase?

Coinbase accepts applications from cryptocurrency projects that want to be listed on its exchange. The initial step is for projects to fill out an application form. Coinbase will then review the application on a case-by-case basis. It doesn’t publish any listing requirements, such as a minimum trade volume.

However, it goes without saying that Coinbase is reluctant to list cryptocurrencies that could be viewed as competitors. This is especially the case with exchange ecosystem tokens. For instance, although BNB, (Binance), OKB (OKX), CRO (Crypto.com), BUSD (Binance), and KCS (KuCoin) are popular cryptocurrencies, none are listed on the Coinbase exchange.

Nevertheless, Coinbase has a four-stage process for cryptocurrencies it does approve:

• Transfer: The first stage only allows users to deposit the newly listed cryptocurrency. This prepares traders before Coinbase opens the market.
• Post: The second stage allows traders to deploy limit orders, but these are on a ‘post-only’ basis. Put otherwise, limit order cannot be matched.
• Limit: The third stage allows traders to enter limit orders that can be matched by other participants. However, market orders are not supported.
• Full Trading: The final stage offers full functionality, meaning both limit and market orders are supported.

Tips on Finding Upcoming Coinbase Listings Early

You might be wondering how to find Coinbase new coins before they are announced to the public. Unfortunately, there is no way to discover listings before the announcement is made by Coinbase. As we mentioned, the announcement is made on the Coinbase Assets X page.

The reason for this is simple; a Coinbase executive was recently sentenced to two years in prison for insider trading. The executive – Ishan Wahi, was advising close associates to buy cryptocurrencies that were about to become a Coinbase new coin listing. And thus, they had a significant advantage over the broader market.

After all, cryptocurrencies that are added to Coinbase typically increase in value once the announcement is made. So, if you come across a news article or social media post suggesting that a new Coinbase listing is imminent, it’s misinformation. The good news is that you can stay informed about new listings by following the Coinbase X page.

This X page is dedicated exclusively to Coinbase new listings alerts, as well as cryptocurrencies that will be delisted. Therefore, you won’t be inundated with too many notifications.

Conclusion

Investing in new Coinbase listings can be a smart way to speculate on cryptocurrencies. However, just remember that the Coinbase X page is the only place for official announcements.

One of the top cryptos right now is Bitcoin Minetrix ($BTCMTX). This revolutionary crypto decentralizes the cloud mining space. $BTCMTX tokens can be staked to earn tokenized cloud mining credits. Investors can burn their credits to acquire mining revenues from BTC and other cryptos.

Bitcoin Minetrix has raised over $9.7 million since the presale launched.

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